The nature and structure of spatial industrial property markets

C. Jones, N. Dunse, D. Martin

    Research output: Contribution to journalLiterature review

    2 Citations (Scopus)

    Abstract

    This paper focuses on the nature and structure of spatial industrial property market areas within today's pattern of dispersed stage urban development. It seeks to achieve four main objectives. First, it considers the underlying factors influencing the intra-regional location of industry through a review of industrial location theories, theories of industrial clustering and Alonso's urban land use model. Next the paper assesses the concept of a local industrial property market. The third step attempts to identify, empirically, the spatial pattern and structure of local industrial property markets in west central Scotland. The research is based on a unique stock database and the empirical analysis draws on parallel research criteria developed in the analysis of local labour and housing markets. These primarily apply criteria of spatial containment. The final section re-appraises the theoretical elements and makes some conclusions for public policy. The results of our analysis suggest that local industrial property market areas are relatively small and embedded within travel to work areas. © 2004 Elsevier Ltd. All rights reserved.

    Original languageEnglish
    Pages (from-to)281-290
    Number of pages10
    JournalLand Use Policy
    Volume22
    Issue number4
    DOIs
    Publication statusPublished - Oct 2005

    Keywords

    • Central Scotland
    • Industrial property market areas
    • Industrial restructuring

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